What Happened with Dino Values!!!

Here we go again, AMALF1, posted the sad story on BaT, had to happen .....

 

Mnay dealers playing the game will ruin this one and nobody does the compression test

 

Why do a compression, leak down, paint thickness.....It appears that standards have decreased. A sign of the times?

Regards, Alberto

 

Simply state that this No Reserve auction is being extended in the last few hours because there is one real bidder and a couple of shills?

 

Latest BAT round:

206 has sold for $1.0085M

246 L did not sale but I have heard a couple of “rumors”. If I hear a confirmation, I will post

246 GT C/F did not sale, but…..

They market has weakened, but plenty of new market buyers that aren’t into other vintage Ferraris

Stage Left - Enter the Porsche guys walking into the Dino market.

 

Rumours.....
I sorta kinda prefer facts Shawn.
Hope you are well.

Regards, Alberto

 

IMHO, it’s definitely possible that a group of collectors, dealers, or investors are trying to manipulate the Ferrari Dino market, but it’s hard to prove definitively.
The recent $1M sales are significantly above the usual market price for a Dino and would really love to see the condition and backstory of these cars.
As we have seen in the past, when prices suddenly spike beyond historical trends, it raises suspicion of market manipulation or at least a coordinated effort to push values higher.
So why the Dino?
If there were a cartel or price manipulation at play, the Dino would be a smart target for several reasons as it was once undervalued and considered an “entry-level” but still a low production.
Regarding the Porsche 911 effect, I will disagree.
Classic air-cooled Porsche values have skyrocketed, only because of the rise of restomods like Singer. Not an issue with Ferrari, where purity is king.
Searching for one myself lately I came to the conclusion that perfect specimens are limited (not that I care for one). Many Dinos suffered from rust, overuse, or poor restorations in the past and I have seen quite a lot of them with asking prices starting at 300k.
So if a small group of collectors controls a batch of pristine, matching-numbers cars, IMHO they can set the high benchmark pricing, plus the "new era" economy of easy bitcoin noney and in many cases "cheap money" from shady transactions made classic cars a serious asset, and some investors (not just enthusiasts) will buy them purely for profit.

If a few high-profile Dinos sell for $1M, it resets expectations, making people believe that’s the new normal, which can artificially inflate prices.

So... is this a Cartel?

Again, to me, it is possible that a few major collectors or dealers are strategically bidding up Dinos on high-visibility platforms like BAT to create a perception of rising value.This tactic isn’t new—similar things have happened in the air-cooled Porsche, muscle car, and JDM markets before.
On the other hand, if two bidders with deep pockets really wanted those cars, the $1M price could just be an outlier rather than deliberate manipulation.
For us who do not have one, lets hope it’s likely just a short-term bubble or hype-driven anomaly.
For you that already have one or more, congrats, you hit the jackpot.

 

Both of the 1,000,000 sales were 206s, I believe, which are much more rare than general 246 Dinos. That being said, a rising tide lifts all boats.

I took my Dino to a show this morning and the attention was really amazing. People of all ages love the Dino..

 

Ariz, perfectly logical questions, yet, we'll never know the answers. Who owns BaT? Best of luck....

 

I paid $8000 for a 246 Dino GT. I spent $10,000 getting it running and looking nice. I drove it around Southern CA for 14 years, then sold it when it needed a restoration I couldn't afford and didn't want to do. The next guy did, and I'm happy for him.

No regrets at all because---

I'll take those 14 years over a million bucks any day.

The pity is these collector machines will never be driven the way I drove that car. When I could park it anywhere and no one cared. When it was just another old Italian car. "A big Fiat".

If its $$$$ you want, buy stocks or real estate. Some of you will understand what I just wrote. Those are the lucky ones.